ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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ATUL PRODUCTS-Expansion and Diversification

ATUL PRODUCTS has received letters of intent for expansion of capacity for disperse dyes from 100 to 400 tonnes per annum and for leather auxiliaries for an aggregate capacity of 2,500 tonnes per annum. The management is considering co- promoting a project for manufacture of 2,000 tonnes per annum of polycarbonate resins and compounds at an estimated investment of Rs 30 crore. These resins are the world's toughest, most versatile, high performance engineering thermoplastics with glasslike clarity. The co-promoter has the letter of intent and expects clearance under the MRTP Act soon. Meanwhile, Atul is implementing the letters of intent for the manufacture of 3,4 diaminoben- zophenone and mebendazole with capacities of 20 tonnes per annum each by set ting up production facilities in one of the existing plants. The letter of intent for manufacture of 100 tonnes per annum of novaldiamine remains to be implemented on account of difficulty in standardising the process. Last year the company commissioned the first phase of expansion of DCF unit from 2,000 to 3,000 tonnes per annum and chloranil 2,4 D esters and amines with a capacity of 250 tonnes per annum. The projects for the manufacture of new sulphur dyes (165 tonnes per annum) and disperse dyes intermediates (130 tonnes per annum) are under implementation and are scheduled for completion by the end of the current year. At ill's R and D wing has developed the processes for new disperse dyes, sulphur dyes, monochlorobenzene and certain other miscellaneous chemicals. The development of other processes for a number of dyes, dye-inter mediates and drugs is under way. During 1986, the company's production of dyes, dye-intermediates, chemicals and pharmaceuticals was higher than the previous year. Production of caustic soda plant, however, showed a decline of about 15 per cent due to power cuts. The targeted production and productivity could not be achieved due to labour unrest. The directors say that the employees, under the influence of leaders of a non-recognised union, resorted to one-day strike. The company also witnessed violence on several occasions on account of inter-union rivalries culminating in death of a union leader and injuries to a number of employees. A gradual improvement in the industrial relations situation is seen of late and the company hopefully expects normalcy to return. The award in terms of the settlement effective from January 1985 already placed before the Industrial Tribunal is still awaited. But the company has started making partial payments by way of interim relief from April 1986.

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